Geneva/Trieste, October 18, 2018– MSC Cruises and Fincantieri today announced the signing of a memorandum of agreement (MOA) for the construction of four ultra-luxury cruise ships for a total value in excess of EUR 2 billion.

Trieste, October 15, 2018 – FINCANTIERI S.p.A. (“Fincantieri”) announces that, in relation to the exit offer ("Exit Offer") by its subsidiary Fincantieri Oil & Gas S.p.A. ("Fincantieri O&G") for all the issued ordinary shares in the capital of Vard Holdings Limited (“Vard”) other than those already owned, controlled or agreed to be acquired by Fincantieri O&G, its related corporations and their respective nominees, in connection with the proposed voluntary delisting of Vard, the Exit Offer has closed today at 5.30 p.m. (Singapore time) with valid acceptances of the Exit Offer of a total of 107,871,561 Vard shares.

Rome/Trieste, October 09, 2018 – Leonardo and Fincantieri, as part of the collaborative relationship and the preferred partnership launched in October 2014, have established the guiding principles of an agreement in the field of naval ships to better seize the new challenges on international markets, in order to present joint solutions in an increasingly competitive and demanding sector. The enhancement of complimentary expertise - developed at national level in order to expand market presence abroad - will be undertaken through the revamp of Orizzonte Sistemi Navali (OSN).